I like tabbed consoles, like iTerm. Screen has always bugged me, but I'm in the minority here, I think. With emacs, I get the split screen of shell buffer/code buffer and that's often what I need.
However, I know several folks that swear by screen.
I don't use it for console switching; I use it for console permanence. This is why I mentioned laptops. The first thing I always do when I ssh into my ITA desktop machine from any location, now, is run that command... poof, there is my emacs session as I last left it, letting me pick up exactly where I left off. That session is several weeks old now!
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However, I know several folks that swear by screen.
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